MV Capital Management Inc. Lowers Holdings in Walmart Inc. $WMT

MV Capital Management Inc. lowered its position in shares of Walmart Inc. (NYSE:WMT) by 2.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 57,781 shares of the retailer’s stock after selling 1,336 shares during the quarter. MV Capital Management Inc.’s holdings in Walmart were worth $5,650,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in WMT. Vanguard Group Inc. raised its holdings in Walmart by 0.8% during the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock worth $37,395,120,000 after purchasing an additional 3,224,154 shares in the last quarter. Kingstone Capital Partners Texas LLC increased its position in Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares during the period. Geode Capital Management LLC raised its stake in shares of Walmart by 0.3% during the 2nd quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock worth $9,199,712,000 after buying an additional 263,718 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Walmart by 30.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after buying an additional 7,706,201 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in shares of Walmart by 1.3% in the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after buying an additional 387,424 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Oppenheimer increased their price objective on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. Mizuho reiterated an “outperform” rating and set a $115.00 price target on shares of Walmart in a research report on Wednesday, August 13th. Evercore ISI reissued an “outperform” rating and set a $111.00 price target (up previously from $110.00) on shares of Walmart in a research note on Tuesday, October 21st. Cowen restated a “buy” rating on shares of Walmart in a report on Monday. Finally, Wells Fargo & Company raised their price objective on Walmart from $108.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday. Thirty-two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $113.50.

Insider Buying and Selling at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $107.78, for a total value of $1,414,612.50. Following the completion of the transaction, the executive vice president owned 892,940 shares of the company’s stock, valued at $96,241,073.20. The trade was a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $101.18, for a total transaction of $222,596.00. Following the sale, the executive vice president owned 619,518 shares in the company, valued at approximately $62,682,831.24. This trade represents a 0.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 151,038 shares of company stock valued at $15,531,616. Corporate insiders own 0.10% of the company’s stock.

Walmart Trading Up 0.0%

Shares of WMT opened at $103.47 on Thursday. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The firm has a 50 day simple moving average of $103.33 and a 200-day simple moving average of $99.63. The stock has a market cap of $824.92 billion, a price-to-earnings ratio of 38.90, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s revenue was up 4.8% compared to the same quarter last year. During the same period last year, the firm earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

About Walmart

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.